CSR Committees
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.... independent director pursuant to sub-section (4) of section 149 of the Act, shall have its CSR Committee without such director ; (ii) a private company having only two directors on its Board shall constitute its CSR Committee with two such directors; (iii) with respect to a foreign company covered under these rules, the CSR Committee shall comprise of at least two persons of whi....
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....s of need and impact assessment, if any, for the projects undertaken by the company: Provided that Board may alter such plan at any time during the financial year, as per the recommendation of its CSR Committee, based on the reasonable justification to that effect.] ************* NOTES:- 1. Substituted vide Notification No. G.S.R. 895 (E) dated 19-....
TaxTMI
TaxTMI